The plumber

[Ollie]

Ruffy,
let me change direction a little here and try something new.

When you hire an employee, you agree on a wage.
Say, 50k a year.
The employee sees 50k a year, but it costs the emplyer MUCH more.
The employer has to pay all your benifits.
Unemployment taxes
Health care costs
etc (there is a long list).

The actual cost to the employer is closer to 80k.
Under Obama he will mandate a new payroll tax, his new tax on earned income, his mandated health care minimums, etc.

Now the actual cost to the employer is over 100k.
If an employer needs a new employee, but doesn't have quite enough work for a full time employee, he may very well decide not to hire because of the added costs.
With the cost of the new employee at 100k+, it becomes cheaper for him to pay his existing employees overtime.

Conversly, if a company has seen a slow down in buisness, now the company might just use the money set aside for a rainy day to try and weather the slowdown and keep his experienced employees. If the cost per employee goes up 20k each, he may not be able to keep the employees and therefore must lay off the extra employees that he would have otherwise just paid to keep around.

That is the problem with taxes. They affect a LOT more than just your wallet. If a buisness has to pay more and can't get more money coming in, your gone.

 

[Ollie]

Heck Joe Plumber might be the guy who saves the day. Wouldn't that be funny as he!!???

I love it when I'm right.
I told ya'll that joe the plumber just put a wrinkle is Obama's master plan.
If the republicans are smart they will let obama's own words explain the redist. of wealth that will follow his election. When you put a face to the "rich" he is always talking about, people discover it's their neighbor and it changes the perseption. Obama's camp is already spinning like crazy to try and bury the whole "Joe the Plumber" buisness.

 

[PJ-Hunter]

Ruffy,
let me change direction a little here and try something new.

When you hire an employee, you agree on a wage.
Say, 50k a year.
The employee sees 50k a year, but it costs the emplyer MUCH more.
The employer has to pay all your benifits.
Unemployment taxes
Health care costs
etc (there is a long list).

The actual cost to the employer is closer to 80k.
Under Obama he will mandate a new payroll tax, his new tax on earned income, his mandated health care minimums, etc.

Now the actual cost to the employer is over 100k.
If an employer needs a new employee, but doesn't have quite enough work for a full time employee, he may very well decide not to hire because of the added costs.
With the cost of the new employee at 100k+, it becomes cheaper for him to pay his existing employees overtime.

Conversly, if a company has seen a slow down in buisness, now the company might just use the money set aside for a rainy day to try and weather the slowdown and keep his experienced employees. If the cost per employee goes up 20k each, he may not be able to keep the employees and therefore must lay off the extra employees that he would have otherwise just paid to keep around.

That is the problem with taxes. They affect a LOT more than just your wallet. If a buisness has to pay more and can't get more money coming in, your gone.

Very well put, Ollie!

 

[johnsodo]

Ruffy,
let me change direction a little here and try something new.

When you hire an employee, you agree on a wage.
Say, 50k a year.
The employee sees 50k a year, but it costs the emplyer MUCH more.
The employer has to pay all your benifits.
Unemployment taxes
Health care costs
etc (there is a long list).

The actual cost to the employer is closer to 80k.
Under Obama he will mandate a new payroll tax, his new tax on earned income, his mandated health care minimums, etc.

Now the actual cost to the employer is over 100k.
If an employer needs a new employee, but doesn't have quite enough work for a full time employee, he may very well decide not to hire because of the added costs.
With the cost of the new employee at 100k+, it becomes cheaper for him to pay his existing employees overtime.

Conversly, if a company has seen a slow down in buisness, now the company might just use the money set aside for a rainy day to try and weather the slowdown and keep his experienced employees. If the cost per employee goes up 20k each, he may not be able to keep the employees and therefore must lay off the extra employees that he would have otherwise just paid to keep around.

That is the problem with taxes. They affect a LOT more than just your wallet. If a buisness has to pay more and can't get more money coming in, your gone.

that is right good one

 

[Himark]

If you were to start a plumbing company...it would be a definite advantage to be "Joes Plumbing"

Cant stand Obama...but I wish Mcain would speak with the same elequence.

 

[milehighassassin]

Congrats, you just explained how trickle down economics work.

It is pretty simple, they don't work.

 

[JSCC]

It is pretty simple, they don't work.

You obviously have zero knowledge about economics. You might want to stick to things you actually know something about.........
The very definition brought out above, is how it works. Someday, you will look back in life, and realize how true that is.
I would dare to bet at least 95% of business owners, will agree with this.


So I ask, what makes you have any knowledge or experience with business or economics to make such blind comments like this?

 

[buck50]

You obviously have zero knowledge about economics. You might want to stick to things you actually know something about.........
The very definition brought out above, is how it works. Someday, you will look back in life, and realize how true that is.
I would dare to bet at least 95% of business owners, will agree with this.


So I ask, what makes you have any knowledge or experience with business or economics to make such blind comments like this?

he's mile high assassin, the great knower of all things!!!!!!!

 

[FriscoProx]

It's a concept way simpler than economics. If you penalize the people smart enough and willing to work hard enough to build companies that provide jobs for others you'll be left with a few people that will always be able to fend for themselves and a whole bunch of people wandering aimlessly wondering what happened.

And economics always trickle down; but from who? The Gov't Polit Bureau or one of the guys down the street that owns the trucking company or plumbing business, or maybe you if your willing to take a risk and do the work.

 

[swampwater]

One thing is very clear, Ruffy has never created and run a business or had to make payroll or keep workers when the work is slow but do not want to loose the workers. Come back after you have walked the talk for 30 years of dealing with FED, state and local government and give small business owners your advice. Swampy

First off, the more you make the more you take... that is why it is called a percentage... That is the definition.... you know, like a linear curve.. Or are you talking the more you make the more^2 they take, making it a non linear curve? Actually it is discreet anyways.

300k * 0.5 = 150k

200k * 0.75 = 150k

There is my example... pretty extreme I would say.. You make 300k and give 50 % away in taxes. You make 200k (33% reduction in gross earnings) and you get taxed 25% and you make the same as before. This is a break even point. So I don't think the difference in income tax from before the bush tax cuts to after was 25%... Therefore I am curious as to why you chose the numbers for your argument... it seems bs to me.



You need to quantify who this 30% is before I will buy any comment made with it... you assume these are all poor people living off the government... total conservative assumption.... I don't know the make up of the 30% and I can't find much information about it period... I wonder why that is?

 

[Wade]

All I know is there's one hell of a lot of people working for small businesses, and many are closing. I took the easy way, and work for a big company. Not sure I want to take those kind of chances.

The Plumber. You think Obama was watching for a right hook, and not watching what he said?

Where's the guys in suits and dark glasses????? Looks like there's two guys about to punch him.

 

[tudizzle]

Turns out McCains new mascot was full of chit

His actual name is Sam.....he is not a licensed plumber...and would receive a tax cut under Obama since he makes no where near 250K. He also does not have the financial means to buy a plumbing company.





Looks like they vetted this guy about as well as Palin

 

[JSCC]

Turns out McCains new mascot was full of chit

His actual name is Sam.....he is not a licensed plumber...and would receive a tax cut under Obama since he makes no where near 250K. He also does not have the financial means to buy a plumbing company.





Looks like they vetted this guy about as well as Palin

No sh!t shurlock. They said he was trying to "PURCHASE" the plumbing company that he works for. Therefore after he bought it, he would not be getting a tax cut under the Obama plan!
Some days....

 

[Wade]

Turns out McCains new mascot was full of chit

His actual name is Sam.....he is not a licensed plumber...and would receive a tax cut under Obama since he makes no where near 250K. He also does not have the financial means to buy a plumbing company.

Looks like they vetted this guy about as well as Palin

It's not who the plumber is, or how rich he is, it's about getting Obama to actually say what half the people already knew. Obama is going to take this country closer to socialism. Obama is a divider, the rich and everyone else. I'm going to take the rich people's money, that they earned, and spread it around to people, some of which don't deserve anything. It's pure and simple theft at the end of the government's prisons and police force. I thought this entire countries founding principles were to not single out any one group for persecution. It used to be religous persecution, now we persecute the successful, and the perceived polluters of the environment. Next let's blame all the countries problems on some other minor group.

News flash, you can take every dollar the rich people have, and give it to the poor, and you know what you will have, poor people with a couple nice things. How long before the new car, and the plasma are torn up. No one respects stuff given to them. If you earn it, you tend to respect it. Oh, some will pull themselves up with the money, but not enough to offset the outreached hands of the leeches, next year. Not to mention all the people that just give up and become professional welfare precipitants. Personal responsibility out the window.

The Plumber also said he didn't believe Obama's steal from the rich plan was fair, and he said he intended to work hard so he could own a plumbing business. But, now wonders if it's worth the effort. Obama the dream killer.

 

[tudizzle]

yes some days indeed........


He is one of two employees of a small plumbing firm, Newell Plumbing and Heating Co. of Toledo. This is the company that he had briefly discussed buying from the owner six years earlier during his initial interview. Ohio business records show the company’s total annual revenue as only $100,000. Actual taxable income would be even less than that.


Sam the "would be plumber" never expected the media or the McCain campain to run with his fabricated story. I actually feel sorry for the guy and having to be forced into the public spotlight.

 

[bigfoot]

And that doesn't make Obama any less of a Communist....

 

[Weekday Warrior]

Figure out the flat tax for crisss sakes. Pay when you spend. Maybe less on basics. Then WHEN the libs give out $$ to the deprived they gotta be carful how they spend it. Oh yea, you would need to figure out what to do with all the tax accountants, lawers and the IRS.

I really dig on the flat tax idea, just seems to logical to ever work though

 

[Wade]

yes some days indeed........


He is one of two employees of a small plumbing firm, Newell Plumbing and Heating Co. of Toledo. This is the company that he had briefly discussed buying from the owner six years earlier during his initial interview. Ohio business records show the company’s total annual revenue as only $100,000. Actual taxable income would be even less than that.


Sam the "would be plumber" never expected the media or the McCain campain to run with his fabricated story. I actually feel sorry for the guy and having to be forced into the public spotlight.

Yep, Obama really out smarted him.

 

[Jimmy]

yes some days indeed........


He is one of two employees of a small plumbing firm, Newell Plumbing and Heating Co. of Toledo. This is the company that he had briefly discussed buying from the owner six years earlier during his initial interview. Ohio business records show the company’s total annual revenue as only $100,000. Actual taxable income would be even less than that.


Sam the "would be plumber" never expected the media or the McCain campain to run with his fabricated story. I actually feel sorry for the guy and having to be forced into the public spotlight.

So what you are saying is that no matter what "joe" does or how hard he works his Company will never grow and remain at the same level? That he doesnt have the right to ask a question that may have a impact on his future and what his dreams and aspirations are for his would be company?

 

[Good to Go]

Turns out McCains new mascot was full of chit

His actual name is Sam.....he is not a licensed plumber...and would receive a tax cut under Obama since he makes no where near 250K. He also does not have the financial means to buy a plumbing company.





Looks like they vetted this guy about as well as Palin

This thing has nothing to do with "Joe the plumber"... "Joe" could be Donald Duck buying Disney, it doesn't matter.

What came out was enlightening for some, obvious to others. He wants to spread your wealth around. It's Obama's true character that is in the spot light. Doesn't matter what triggered the spot light.


No thanks...I believe in a different direction.